Garden Reach Shipbuilders & Engineers Limited
GRSE · Defence · NSE
₹2,673
Current Market Price
Fair Value (DCF)
₹1,659
Discount to FV
-37.9%
Updated 56m ago
YieldIQ Score
50/100
Piotroski F-Score
6/9
Economic Moat
Narrow
Confidence
24%
ROE
25.4%
Debt/Equity
0.00
WACC
11.5%
Market Cap
₹30,615 Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
36.2%
Return on capital employed
EV / EBITDA
33.8×
Enterprise multiple
Debt / EBITDA
0.0×
Leverage vs earnings
Interest Coverage
69.1×
EBIT covers interest
Current Ratio
1.17×
Short-term liquidity
Asset Turnover
0.59×
Revenue per ₹ of assets
Revenue CAGR (3Y)
33.9%
3-year revenue growth
Revenue CAGR (5Y)
39.9%
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹2,672.6
Bear case
Discount -155.2%
Base case
Discount -61.1%
Bull case
Discount -24.7%
Ratio Trends
GRSE · last 7 annual periods
ROE
25.4%
ROCE
36.2%
Operating Margin
—
Debt / Equity
0.00×
PE
22.9×
EV / EBITDA
15.7×
Historical Financials
GRSE · Annual, last 5 years· amounts in ₹Cr unless noted
| Metric | 2021 NSE_XBRL | 2022 NSE_XBRL | 2023 NSE_XBRL | 2024 NSE_XBRL | 2025 yfinance | CAGR |
|---|---|---|---|---|---|---|
| Revenue | ₹1141 Cr | ₹1745 Cr | ₹2548 Cr | ₹3588 Cr | ₹5071 Cr | +45.2% |
| EBITDA | — | ₹295 Cr | ₹351 Cr | ₹534 Cr | ₹756 Cr | +26.5% |
| EBIT | ₹210 Cr | ₹258 Cr | ₹312 Cr | ₹492 Cr | — | +23.8% |
| PAT | ₹153 Cr | ₹190 Cr | ₹228 Cr | ₹357 Cr | ₹527 Cr | +36.2% |
| EPS (diluted) | ₹13.40 | ₹16.55 | ₹19.91 | ₹31.19 | — | +23.5% |
| CFO | ₹517 Cr | ₹-356 Cr | ₹1450 Cr | ₹-707 Cr | ₹15.6 Cr | -58.3% |
| CapEx | — | ₹-54.8 Cr | ₹-42.3 Cr | ₹-48.1 Cr | ₹-67.1 Cr | — |
| FCF | — | ₹-411 Cr | ₹1408 Cr | ₹-755 Cr | ₹-51.5 Cr | — |
| Total Assets | — | ₹7632 Cr | ₹10.8K Cr | ₹10.3K Cr | ₹10.4K Cr | +7.9% |
| Total Debt | — | ₹11.2 Cr | ₹312 Cr | ₹65.7 Cr | ₹9.7 Cr | -3.6% |
| Shareholders' Equity | — | ₹1258 Cr | ₹1414 Cr | ₹1673 Cr | ₹2079 Cr | +13.4% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
GRSE vs 5 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
 COCHINSHIP Cochin Shipyard Limited | -43.8% | 45 | Above Fair Value | 12.2% | 43.8× |
 BDL Bharat Dynamics Limited | -74.2% | 40 | Data Limited | 9.9% | 95.6× |
 MAZDOCK Mazagon Dock Shipbuilders Limited | -57.0% | 37 | Above Fair Value | 26.5% | — |
 HAL Hindustan Aeronautics Limited | +23.5% | 65 | Near Fair Value | 22.2% | 25.6× |
 BEL Bharat Electronics Limited | -34.3% | 50 | Above Fair Value | 25.3% | 48.3× |
Click a ticker to view its fair-value analysis.
Dividend History
16 ex-dividend events on file. Source: NSE corporate-actions feed.
Total paid (5Y)
₹49.26/sh
Last payout
2026-02-03
₹7.15
Peak payout
₹8.95
Trailing yield
0.67%
Amounts parsed from NSE subject lines. Percent-of-face-value declarations are converted using the per-ticker face value (defaults to ₹10).
AI Analysis Summary
Model-generated description of metrics. Not investment advice. Garden Reach Shipbuilders & Engineers Limited (GRSE.NS) trades at 2672.60 vs a model fair value of 1659.48, a gap of -37.9%. Piotroski F-...
Read full AI analysis →Reverse DCF
Market-implied growth
What FCF growth is priced in →
Risk Analysis
Volatility & drawdown
Risk profile of GRSE →
DuPont
ROE decomposition
Why ROE is what it is →
Technicals
RSI, MACD, MAs
Reference indicators →
News & Filings
Recent activity
BSE filings + news for GRSE →
Compare
Head-to-head with peers
Compare GRSE side by side →
Run Full Interactive Analysis
Interactive DCF sliders, sensitivity heatmap, peer comparison, and more.
Analyse GRSENow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.